White spherical object w/possible point at the bottom and blinking red and green lights.

At approx. 9:30 pm I was looking at the stars from my backyard with Nikon binoculars. I was observing the Plaiedes to the East when I noticed a bright white star-like object just to the left of them. When looking at the star-like object through my binoculars, I could see it blinked rapidly with red and green lights. It stayed stationary in the sky and did not appear to be coming towards me, as an aircraft would. I moved my location to the front yard and observed it from a slightly different angle. It was the same. The object was spherical, however it seemed to have a faint tail-like point at the bottom. The object was still blinking red and green, very rapidly. I called my son out into the front yard to observe it through the binoculars and asked him to describe to me what he was seeing. He described it exactly as I did - a spherical object with red and green blinking lights. I asked him if, in his opinion the object was moving and he said no, it was not.